Ørsted has announced that it is pausing and revisiting all activity related to the Changhua 1 and 2a wind projects in Taiwan, including project timelines and supply chain commitments and contracts.
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Mitsui & Co has completed all necessary procedures to enter into a definitive agreement to acquire a 50% share of Yushan Energy Taiwan, from Singapore's Yushan Energy, a subsidiary of Enterprize Energy Group.
Read moreTaiwan’s Ministry of Economic Affairs has awarded 1,664 MW offshore wind capacity to two developers. Ørsted has won 920 MW capacity to be developed off the coast of Changhua, and Toronto-based Northland Power, in partnership with Yushan Energy, has been awarded 744 MW, which is split between two proposed offshore wind farms.
Read moreMacquarie Group, Ørsted and Swancor have secured TWD18.7 billion (US$626.1 million) project financing for the second phase of the Formosa 1 offshore wind project, Taiwan’s first commercial scale offshore wind farm, located off the coast of the Miaoli district of the country.
Read moreThis week the results of Taiwan's latest offshore wind auction have emerged. A total capacity of 3.5 GW was available for allocation to developers. The process was extremely competitive, with projects submitted having a total generation capacity of more than 10 GW. The official results have not been published, however the majority of the capacity allocations are known thanks to announcements by the successful bidders.
Read moreThree Taiwan-based solar cell developers have announced a merger that will become the largest-ever deal of its kind in Taiwanese solar industry.
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